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NEARUSD

The Singularity is Near +1000%I started buying at a price of 2 dollars. This morning was considering this project for long-term investment and decided to increase the share of my capital in this project. A few hours after the purchase, the news appeared that NEAR will develop in the direction of artificial intelligence. And this is a very important direction today. I would like to remind you that one of the founders before the creation of the NEAR blockchain worked for a long time in the field of artificial intelligence, so I am confident in the successful growth of this project in the long term.
Long
by HedonistTrade
What is NEAR?What is NEAR? NEAR is an L1 blockchain that uses Nightshade, a unique segmentation technology, to achieve scalability. It was launched in 2020 as a decentralized cloud infrastructure to host decentralized applications (DApps). NEAR offers interconnectivity through Rainbow Bridge and the L2 Aurora solution. Users can transfer ERC-20 tokens and assets from Ethereum to NEAR, giving them access to higher bandwidth and lower transaction fees. Aurora is an L2 blockchain, the Ethereum Virtual Machine (EVM) created by the core developers of the NEAR protocol. It operates as a smart contract on NEAR, providing benefits such as Rainbow Bridge connectivity, high bandwidth and low transaction fees in ETH. Aurora is available through various bridges including Allbridge, Axelar, Rainbow Bridge and others. Details on all ecosystem projects can be found here Top largest projects in Aurora by number of accounts: Aurora, Ref Finance, Stader.Near. awesomenear.com Current performance of the NEAR blockchain: 700+ projects (including those under construction) 125 DAO 550 thousand participants 4k+ developers 865 knots 20 million wallets 250 million transactions were made in 2022 The current TVL of NEAR+Aurora is about $160 million. Current TVL NEAR is $85M TVL peaked at $500M in May 2022. The main Defi project is Ref Finance. Aurora's current TVL is $72 million. TVL peaked at $1.3 billion in May 2022. The main Defi project is Bastion. How much was invested? According to known information, about $533 million were invested in NEAR. Current capitalization is $2.15 billion. Total capitalization is $2.5 billion. There are 85% of tokens in circulation. The current price of NEAR is $2.51. The price has fallen 88% from the highs. What is the NEAR token The NEAR blockchain has its own asset for its ecosystem - the NEAR token. The NEAR token is the primary asset of the NEAR ecosystem, and its functionality is available to all accounts. Each token is a unique digital asset that can be used for: 1.Paying for transaction processing and data storage. 2.Launch a validation node (by participating in the stacking process). 3.Participate in voting. The NEAR token provides economic coordination for all participants who run the network, as well as providing new behavior for applications built on that network. NEAR development activity Among the largest ecosystems (Polkadot, Ethereum, Cosmos, Aptos, Chia), NEAR is holding steady with Chia, ranking fourth for the past year. At the same time, the level of development holds about the same level. Development activity - shows the project's development activity over time based on a number of purely development-related "events" in the project's publicly accessible Github repository. (does not take into account: release comments, forks, stars, etc.). How NEAR works. Functionality NEAR aims to compete with other platforms with its segmentation/sharding solution called "Nightshade". Let's take a look at the functionality that the NEAR protocol provides. Plans for 2023-2024 Since the launch of Mainnet in late 2020, the NEAR ecosystem has made great progress, becoming one of the top-tier blockchains with 22 million accounts, 600,000 active wallets per month (2+ transactions count as active) and 15x growth in users and projects. Last year, despite market chaos and a major downturn in recent months, the NEAR Foundation has enough capital to sustain at least five years of operations in a bear market thanks to responsible treasury management. The NEAR Foundation believes that NEAR is the only ecosystem in which the promise of Web3 can be realized and where mass adoption can occur. The roadmap covers major efforts to improve the scalability and decentralization of the protocol. Phase 2 and 3 blockchain segmentation The next step of the deployment is Phase 2 segmentation, which will completely separate state and processing, further reducing hardware requirements for segment validators, making the network more accessible to validators. Phase 2 is expected to begin in 2023. This upgrade will increase the capacity of the network from 4 to 100 segments, with the validators not tracking all segments. Phase 3 segmentation will involve dynamic redistribution - the network will be dynamically divided into segments, and then the segments will be combined based on resource usage. This will allow NEAR to expand almost indefinitely. Phase 3 is expected to begin in 2023-2024. Conclusion For 2022, blockchain NEAR has tried to keep a constant level of development, roughly on par with Chia. NEAR strives to create the most user and developer-friendly ecosystem possible. Users are being offered the full suite of cheap and fast transactions, simple addresses, instead of public key hashes. In 2023, Iphone owners will be able to use NEAR as easily as possible, without having to create a separate wallet. A focus on simplicity and mass. Developers are offered a toolkit that allows for "one-click" app deployment wherever possible. They also lowered the entry barrier as much as possible by offering the use of the Javascript SDK. Segmentation/sharding technologies, with overall security in mind (like Polkadot) suggest that this is a very balanced blockchain. This is reflected in the highest $500+ million investment. Ease of use, balanced technical solutions, unlimited blockchain scalability, very large investment, collaborative developments with Apple - this is a good bid for the first blockchain with mass use! Thank you Smart Investor Best regards EXCAVO
Long
by EXCAVO
3
NEAR has maintained a strong uptrendNEAR has maintained a strong uptrend over the past week, and buying support has led to a break above the long-term descending channel ceiling and static resistance at $1.75. The next resistance in the $2.03-$2.08 range was exactly followed by a reaction on both sides and has now become a good support. But the second support is considered in the range of $1.84 to $1.89, which is a more reliable range. This strong bullish wave could form once again, and if there is a pullback and a positive reaction to the supports, we expect a rally to the $2.65-$2.96 range. There is strong potential for a price reversal in the daily time frame, and if Bitcoin holds its support, NEAR could take a mid-term bullish trend.
by MonoCoinSignal
🔥 Why Near Protocol coin is falling? 👇Today we will talk about Near Protocol The last 4 months have been somehow catastrophic for the NEARUSDT price. After all, during November, Near depreciated twice from $3 to $1.5, and since August 4 times from $6 to the current $1.5. One of the reasons that encourages investors to get rid of their Near can be called that the structures of Samuel Banckman-Fried (FTX and Co) own a total of 17 million NEAR tokens. In case of bankruptcy, they are subject to liquidation. That is, they will be transferred or sold to someone. However, NEAR has insurance against the simultaneous sale of coins - most of the tokens owned by FTX will be unlocked within three years. This reason at least somehow explains the NEAR drain in November. But why NEAR was drained in large amounts before, we do not know. Did the "big wallets" know about the impending troubles in the crypto world much earlier? Write what you think about it in the comments below the idea. The other day, the price of NEARUSD easily updated the minimum from 2021, without any problems, and without the volume of the struggle between buyers and sellers. Well, now we can only assume in what format the downward trend of the NEARUSDT price will be able to reverse. As an option, a long formation of the "Inverted Head and Shoulders" reversal pattern is possible. Potentially, the formation fits the technical description of the pattern, as well as the volumes that decrease from the left shoulder to the Head. Now the price of NEARUSDT is above the liquidity level of $1.25-1.50, there are chances that it may not go lower. And then the long growth of the NEAR price to the $5 area, where every trader and hodler should think about it: "Is it worth keeping this asset "? _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
25
Double bottom patternNEAR has registered a 16% price growth in the past day. Its price has formed a double bottom pattern on its support level in the range of $1.30 to $1.17. Confirmation of the pattern by breaking the $1.37 range caused the NEAR pump and price growth to the $1.66 range. This strong reversal can become a trend reversal wave in the daily time frame. But it has made the 4-hour time trend upward. Therefore, in the 4-hour timeframe, pullbacks towards the support of the $1.37 to $1.44 range can be associated with a positive reaction. Therefore, after the pullback, we can expect another upward movement to the range of $1.75.
by MonoCoinSignal
17
NEAR Protocol Analyze (Road Map)!!!🗺️(+250%😱)❗️❓Today, let's look at NEAR Protocol's road map🗺️. What Is NEAR Protocol (NEAR)❗️❓ NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.” NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.” Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- NEAR Protocol is running on descending channel for about one year. Also, If we look at the NEAR Protocol by Elliott waves theory. It is running on microwave 4 of microwave 5 of main wave A. I tried to show you the end of main wave A in my chart. 🔆Suggestion: If you want to add NEAR to your portfolio, you can wait to break the upper line of descending channel or when NEAR touches my target(zone) for the end of main wave A. NEAR Protocol Analyze ( NEARUSDT ) Timeframe Daily⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
2